D. P. Abhushan Ltd holds EOGM approving preferential issue of shares and warrants
D.P. Abhushan Ltd · Consumer Durables
What the filing says
- Approved preferential issue of up to 8,66,434 equity shares at ₹1,430 each totaling ₹123.90 crore
- Approved preferential issue of up to 30,35,711 fully convertible equity warrants at ₹1,430 each totaling ₹434.11 crore
- Aggregate proceeds of ~₹558.01 crore to be used mainly for retail expansion (~₹513 crore) and general corporate purposes (~₹45.01 crore)
Why it's rated notable: amount is ₹500 crore or more
Original filing
Shareholder Meeting / Postal Ballot-Outcome of EGM
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More from D.P. Abhushan Ltd
- Fundraise / allotmentNotableD. P. Abhushan Limited approves preferential issue of equity shares and warrants
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Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.